Deals

The virtuous circle: energy and digital infrastructure

Houlihan Lokey’s paper offers the theory as Nvidia strikes deals with investment managers that illustrate the practice of AI infra buildout to the tune of $500bn.

Pantheon backs BlackRock BDC’s credit CV

The new vehicle will house over $500m of debt positions held by TCPC, with pricing coming in at 95% of gross fair value as of 31 December 2025.

Apollo’s capital solutions business drives record fees in Q2

New York-based manager’s origination machine has grown AUM by 25% in one year to $1.05trn.

Castlelake to buy $4bn consumer loans originated by Upstart

Two-year forward-flow agreement deepens a relationship between the two that was forged in 2023.

Default interest and tender under the spotlight in landmark case

A UK case provides clarity on the enforceability of default interest rates, according to Donna Newman and Peter Sequeira at Stephenson Harwood.

Wellington to manage semi-liquid funds holding Blackstone, Vanguard investments

Geared to private wealth clients, the end funds will combine public and private assets and have limited distribution at first.

S3 Capital details next platform targets following $10bn milestone

The New York-based manager is looking for construction lending opportunities in and beyond the stateside Sun Belt market for its next $10bn of volume.

The debate rages over insurance risk in private credit

Insurers ventured into alternative credit for yield and diversification, but the question of whether the risks are appropriate remains unsettled

Monroe and AIP close $643m aviation securitisation

The portfolio has a weighted average aircraft age of approximately 5.6 years. This is very close to the average for commercial aircraft securitisation deals.

The next stage in CRE loans post rate shock

It may once again be time to consider lending to certain mid-market property types.